State whether the payment of Cash to Trade Payables will result in inflow, outflow’ or no flow of Cash. Post category:Accountancy Reading time:1 mins read SOLUTION Outflow’. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostState whether conversion of debentures into equity shares by a financing company will result in inflow’, outflow’ or no flow’ of cash. Next PostState whether depreciation charged by a Company will result in inflow, outflow or no flow of Cash. You Might Also Like Does the change in profit-sharing ratio result into dissolution of the partnership firm? Give reason in support of your answer. (AI 2017 C) October 7, 2022 From the following Statement of Profit and Loss for the year ended 31st March, 2019 of Rex Ltd., calculate Inventory Turnover Ratio: August 16, 2022 Find New Profit-sharing Ratio: (i) R and T are partners in a firm sharing profits in the ratio of 3 : 2. S joins the firm. R surrenders 1/4th of his share and T 1/5th of his share in favour of S. (ii) A and B are partners. They admit C for 1/4th share. In future, the ratio between A and B would be 2 : 1. (iii) A and B are partners sharing profits and losses in the ratio of 3 : 2. They admit C for 1/5th share in the profit. C acquires 1/5th of his share from A and 4/5th share from B. (iv) X, Y and Z are partners in the ratio of 3 : 2 : 1. W joins the firm as a new partner for 1/6th share in profits. Z would retain his original share. (v) A and B are equal partners. They admit C and D as partners with 1/5th and 1/6th share respectively. (vi) A and B are partners sharing profits/losses in the ratio of 3 : 2 . C is admitted for 1/4th share. A and B decide to share equally in future. July 29, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Does the change in profit-sharing ratio result into dissolution of the partnership firm? Give reason in support of your answer. (AI 2017 C) October 7, 2022
From the following Statement of Profit and Loss for the year ended 31st March, 2019 of Rex Ltd., calculate Inventory Turnover Ratio: August 16, 2022
Find New Profit-sharing Ratio: (i) R and T are partners in a firm sharing profits in the ratio of 3 : 2. S joins the firm. R surrenders 1/4th of his share and T 1/5th of his share in favour of S. (ii) A and B are partners. They admit C for 1/4th share. In future, the ratio between A and B would be 2 : 1. (iii) A and B are partners sharing profits and losses in the ratio of 3 : 2. They admit C for 1/5th share in the profit. C acquires 1/5th of his share from A and 4/5th share from B. (iv) X, Y and Z are partners in the ratio of 3 : 2 : 1. W joins the firm as a new partner for 1/6th share in profits. Z would retain his original share. (v) A and B are equal partners. They admit C and D as partners with 1/5th and 1/6th share respectively. (vi) A and B are partners sharing profits/losses in the ratio of 3 : 2 . C is admitted for 1/4th share. A and B decide to share equally in future. July 29, 2022
